Today, the Government of Alberta announced that it would support TC Energy’s Keystone XL oil pipeline, with a direct investment of more than USD 1 billion.
Canada
Response: Export Development Canada changes in the Emergency Response Act could amount to a giant oil bailout
The new measures allow for an unlimited amount of public finance to flow to Canada’s oil and gas sector at the sole discretion of the Minister of Finance.
With tar sands on “life support”, Canada prepares a multibillion bailout for oil & gas
Rather than fund a just transition, the Canadian government is “preparing a multibillion-dollar bailout package for Canada’s oil and gas sector that is expected to be unveiled early next week”.
Response to Canada’s possible oil and gas bailout
We’re in the middle of an unprecedented global health emergency and economic crash, we can’t afford for the federal government to bail out a sector in terminal decline. Workers and communities are struggling right now – there are still massive gaps in Canada’s COVID-19 response packages that are putting millions at risk of losing their homes, jobs, and health. It is criminal for Trudeau to be pursuing a massive handout to Big Oil instead of ensuring these basic needs are met.
Big climate win after Teck withdraws its own massive tar sands mine application
This is what climate momentum looks like. Teck Resources has just withdrawn its C$20 billion application to build what was the largest ever tar sands mine in northern Alberta.
Canadian Gov’s EDC set to “invest” in controversial Coastal GasLink pipeline
According to the Star newspaper, a federal Canadian corporation might lend money to support the highly controversial Coastal GasLink pipeline, with a decision expected next week.
Justin: It’s time to de-escalate, de-colonize, and de-carbonize Â
What is Trudeau willing to do? He has a choice. He can carry on the fossil fuel economy, and bludgeon First Nations rights in the process or he can de-escalate, de-carbonise and de-colonise.
Standing in Solidarity with the Wet’suwet’en
You cannot bludgeon, beat, intimidate, and drag people in the name of prosperity and progress. You cannot use the same brutal violence akin to war, while at the same time speak soft soothing words of reconciliation or peace.
Hey Justin: Why are you jailing “loving grandmas” in the name of a gas pipeline?
Canada may be helping put out the flames in Australia, but back home Trudeau is setting light to our climate.
Report: G20 Nations Throwing Billions at Fossil Fuel Industry through Export Credit AgenciesÂ
A network of secretive, government-backed financial institutions called export credit agencies are handing more than $31 billion USD per year to the oil, gas, and coal industry, new analysis by Oil Change International and Friends of the Earth U.S. shows.Â